All articles by Verdict Staff
Verdict Staff
Faith in banking system among Britains HNWIs declines: report
Trust in British banking sector among the countrys 70% high-net worth individuals (HNWIs) has plummeted, according to a report published by independent private bank, Duncan Lawrie.
Globalizing investment portfolios retains charm despite good showing by US equities
The case for a global approach to investing is strong despite the outperformance of US equities versus other major regions in 2011 and 2012 to date, according to a new report published by Newton, which is a part of BNY Mellon.
BIL launches new online platform for IFAs
Luxembourgs oldest bank, Banque Internationale à Luxembourg (BIL), has launched an online platform, called BILNet Wealth Services, to support Independent Financial Advisors (IFAs) business growth.
HFM Columbus launches discretionary fund management service
HFM Columbus Group Holdings Ltd., a UK-based wealth manager, has launched a discretionary fund management (DFM) service.
Rowan Dartington opens new office in Cheltenham
Rowan Dartington, a UK-based wealth manager, has opened a new branch in Cheltenham and has hired an ex-Coutts man, David Smith, to head the office.
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Northern Trust appoints new board member
Northern Trust has appointed Jose Luis Prado, president of Quaker Oats North America, to its board of directors.
State Street Q3 income rises
State Street Corporation has reported net income available to common shareholders of US$654 million for the third quarter of 2012, compared to US$543 million reported in the year ago quarter.
Citi Q3 revenues up 4%, 8% year-on-year
Citi Private Bank revenues went up by 4%, or $20m, from the second quarter of 2012 to $590m.
Global Bank selects Spectrum wealth management software
Panama-based Global Bank Corporation has selected Financial Software Systems Spectrum wealth management platform to manage its front-office, middle-office and back-office private banking and wealth management operations.
Wealth Access appoints chief marketing officer
US-based Wealth Access, Inc., the software and services company that helps HNW individuals and their advisors to manage wealth has hired Brian Evans as the chief marketing officer.